At 10:12 AM 22/06/2003 -0700, you wrote:
Are you saying that
money has not (yet) been
created at the point where an individual bank has
notified a borrower that it has made a deposit in
his/her account with that bank following a successful
loan transaction? If so, at what stage and in which
At 10:18 AM 21/06/2003 -0700, you wrote:
Question: Where does
the interest paid by
commercial banks to their investment depositors come
from?
Their own pockets, their profit-loss account. It is
paid from the bank account they keep with themselves.
--
What incentive is there for a bank to
Are you saying that money has not (yet) been
created at the point where an individual bank has
notified a borrower that it has made a deposit in
his/her account with that bank following a successful
loan transaction? If so, at what stage and in which
circumstances would you say that money has
Bill Ryan wrote:
[2. Do banks lend their
deposits?]
Which deposits do you mean, the deposits of their customers, or the
deposits they themselves have with other institutions?
The deposits of their customers are the liabilities of the banks to their
customers. They do not lend from their own
Question: Where does the interest paid by
commercial banks to their investment depositors come
from?
Their own pockets, their profit-loss account. It is
paid from the bank account they keep with themselves.
--
Please explain! Most of the nation's money supply
is credit existing in the
Why are you ignoring these two very simple
questions? If no response is received I'll have to
assume that you don't know.
That would not be a logical inference. It would
merely mean I did not answer.
--
1. How does money come into existence?
There are many ways that it does and many ways it
